LME Zinc to Remain Range-Bound (2017-2-7)

Published: Feb 07, 2017 09:16 (GMT+8)
US December trade data slated for release today are expected to top November’s and support the US dollar index.

SHANGHAI, Feb. 7 (SMM) – US December trade data slated for release today are expected to top November’s and support the US dollar index. LME zinc will move between USD 2,770-2,820/mt today, and SHFE 1703 zinc should fluctuate between RMB 22,600-22,900/mt today, with spot prices RMB 10/mt below or RMB 30/mt above SHFE 1703 zinc. 

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

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